HR 2856
98th Congress
House
Taxation
Capital gains tax
Disabled
Housing and Housing Finance
Housing finance
Housing for the aged
Housing for the handicapped
Income tax
Social Welfare
Tax exclusion
A bill to amend the Internal Revenue Code of 1954 to provide that participating in certain shared-housing arrangements does not make an individual ineligible for the one-time exclusion of gain from sale of principal residence by individuals who have attained age 55.
Introduced: May 2, 1983
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 2, 1983
Referred to House Committee on Ways and Means.
May 2, 1983
Introduced in House
Plain-English summary
Amends the Internal Revenue Code to provide that participating in certain shared-housing arrangements does not make a taxpayer ineligible for the one-time exclusion of gain from sale of a principal residence by individuals who have attained age 55. Defines a "shared-housing arrangement" as a living situation in which two or more unrelated individuals who are either handicapped or have attained age 60 share housing.
What's happening now
Referred to House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1